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the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen
great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step forward dr. became to power pledging to reverse the plans that merkel had championed. >> it is the first time these bundestag has had a full parliament from another country here. the french president, hollande, recalled the original spirit leading to the historic relationship. >> young people are not only our future but also the reason for the policies that we are pursuing. >> young people in both of our countries have the uncomfortable good fortune that they have never had to experience in it. but peace and democracy. >> he also addressed the economic crisis in europe and chancellor merkel followed suit. she stressed it is necessary. >> what have we learned from 50 years of franco-german friendship? our greatest problems can be solved when w
in the arab world, which have taken their toll on the country's tourism industry. the economy has come to a standstill. unemployment is high. life is tougher than ever for the poor. this teacher has a big family to support. two wives, seven children. he has been hard hit by hikes in fuel prices this winter. >> the government needs to take care of the middle class. across the world, it is the middle-class sees that support the government. as long as they are not impoverished. then he says that if the political system stays the same, nothing will change. he is part of an opposition movement which boycotted the elections. as far as he is concerned, the king can stay in office, but only as a figurehead. >> the movement is calling for a change in the regime, and if that does not happen, then the next step would be the overthrow of the regime. that means the king. >> jordan is looking for a smooth transition to more democracy without a civil war like syria or an islamist government as in egypt. what happens all depends on how willing the king is to bring about change. >> tensions are running
at a steady pace since he returned to office last month, retooling the economy, revising foreign policy and reviewing national defense. now he's taken time to pause and sum up his vision for the country. abe spoke before the diet for the first time since his liberal democratic party took power. the prime minister said the economy is his top priority. he noted deflation and the strong yen are shaking japanese people's belief that working hard will bring rewards. >> translator: i will restore a strong economy and unshakable determination. i will press ahead with my three areas of economic policy, bold monetary measures, a fiscal policy and a growth strategy that induces private investment. >> abe urged lawmakers to swiftly pass extra budget bills for the current fiscal year to pay for stimulus measures. he said his spending measures won't go on forever and that he aims to achieve healthy public finances. the prime minister then turned his attention to diplomacy and national security. he said japanese and u.s. leaders should strengthen their alliance to restore the tight bond their countri
, the philippine economy is finally emerging as one of the most exciting in asean. growth in the third quarter of 2012 was an impressive 7.1%. nearly matching the pace of china. filipinos who go overseas to work make valuable contributions to the nation's economy but more and more citizens are finding they're rich enough to go abroad but not for work, for fun. nhk world has more. >> reporter: the philippine capital, manila, is a city that's changing. the economy is booming and new opportunities abown. abound. as the nation's middle-class expands, so does personal consumption. but people aren't just buying things. they're going places, too. trips to japan reached a record at this travel agency last year. a vacation to japan used to be a dream for most people. but for the middle class, it's now a real possibility. in order to get more tourists to go to japan, this travel agency offers different types of tour packages to hokkaido, among many other places. the president of the company and her staff are busy planning new trips for spring. >> for this year we will concentrate on things that we shoul
. >> and an international audience watching on tv. a lot of europeans want to know which way the world's biggest economy is headed and can politicians sort things out. here is a man that thinks he can make a difference the second time around. obama then looked forward to his next and final four years in office calling an end to the politics of division and saying the united states could achieve anything if it acted as one. >> a decade of war is now ending. an economic recovery has begun. america's possibilities are limitless, for we possess all of the qualities this world without boundaries demand, youth and drive, diversity and openness. an endless capacity for risk and a gift for reinvention. my fellow americans, we are made for this moment and we will seize it so long as we seize it together. >> our washington correspondent was there. you were at the inauguration. obama had quite a big wish list. take us through it. >> well, it is not really a wish list. inaugural speeches are not the place for a wish list. but you can read between the lines. i would sum it up with two words, unity and equality. a me
second term from the domestic economy and diplomacy to climate change. he talked about values and principles common to all americans. he said prosperity must rest on the shoulders of the rising middle class. >> no single person can train all the math and science teachers we'll need to equip our children for the future. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than ever, we must do these things together as one nation and one people. >> obama begins his second term with several battles looming. he'll try to work with republicans in the house of representatives to revamp gun control laws and avoid defaulting on the national debt. ♪ the rockets red glare ♪ the bombs bursting in air >> pop star beyonce sang the national anthem. her performance capped off the official proceedings ahead of the inaugural parade. then the president walked the capitol route from the building to the white house. the inauguration four years ago drew almost 2 million people. this time an estimated 475,000 turned out. >>> prime mi
community reacted in a very still a way to the threat of but leaving, saying that the german economy would be able to cope with that, though it would of course regret it. even more important, perhaps, the united states reacted very negatively. the relationship between britain and the united states has been the mainstay of british foreign policy for more than a century. yesterday, a member of the state department said that if britain were to leave the european union, that would seriously damage the special relationship between washington and london. >> thank you very much. >> to washington now where u.s. senator john kerry is president obama's choice for the next secretary of state. he has been quizzed by senators ahead of his recommendation. >> the issues like climate change and fighting disease are also priorities. he's expected to easily win approval for the job from the senate. to syria where authorities have called for a million-man prayer at mosques on friday in an effort to stem anti-regime demonstrations. >> the embattled president was also shown on state television praying with syr
economies is altering the balance of power in the region. she urged the united states and china to avoid any miscalculations over potential hotspots, referring to territorial disputes in the south china and east china seas. >> we remain optimistic about china around the united states to manage change in the region but it brings with it strategic competition as china's global interests expand. >> gillard called for the peaceful resolution of disagreements through dialogue using forums such as the east asia summit. she said australia would work closely other countries to help solve problems through diplomacy. >>> afghan security forces will take the lead in their own country. repeated insider attacks have damaged trust w suspicions rising on both sides, military come plaerpsd sending soldiers back to school for a some lessons in cultural tolerance. >> we should know the heroes we honor today will not have died in vain. amen. >> reporter: some 440 soldiers died last year in afghanistan. 61 were victims of insider attacks. that's about 30 times the number five years ago. rising anti-u.s. sentime
for the eurozone, and in particular, the eurozone crisis countries. the usa, southeast asia, and growth economies are important here. from that point of view, this cannot be taken as a signal that the eurozone crisis is over. while the eurozone crisis may not be over, the head of the european central bank, mario draghi, sees positive signs according to statements he made in davos. >> the level of activity is in the process of stabilizing at very low levels. we foresee a recovery in the second part of the year. >> there will still be some time before the effects of the reforms spread to european businesses as well. >> traders liked the results of the latest business report. dorothy sent us this report from the frankfurt stock exchange. them and good news traders have been waiting for. the market gained momentum. traders now believe in the strong rebound in the first quarter. there were also positive signs from the eurozone banking sector. banks are going to pay back earlier than expected. but the largest german solar group cannot pay back its debt any more and ask donors for a fare cut. share pric
economies -- >> he pointed out that germany, like many other european countries, as failed in its pledge to contribute 0.7% of gross thomistic product to development programs. >> we will be back in one minute. >> welcome back. more trouble for angela merkel 's coalition partners, the free democrats. in addition to lagging in the opinion polls, now they are facing allegations of sexism. >> the parties lead candidate in this autumn's elections, rainer bruderle, is accused of making inappropriate comments to a female journalist. >> the case has triggered a national debate on how sexism persists in german society. >> rainer bruderle is not talking to any journalists at the moment. he has made no comment on the allegations that have triggered a fierce debate in germany about verbal sexual harassment of women. the leading politicians of the party are covering bruderle's back. they say it is all just a slur campaign against their top man. >> i have seen nothing else to support the impression that the ftp -- fdp is in any way less sensitive to the participation of women. >> the party's top femal
Search Results 0 to 10 of about 11

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